Dubai innovates for a vibrant, creative economy

Dubai innovates for a vibrant, creative economy. As home to more than 200 nationalities, the emirate offers a canvas like no other for global cultural exchange.

There is no better place for creativity to thrive than at the crossroads of culture and innovation.

And that place is Dubai: A city that brims with opportunities, new ideas, creative people and a rich historical tradition — factors that form the very foundation of a creative and innovative city.

As the UAE marks its first Innovation Week under the directives and guidance of my father, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, we are taking a significant stride forward in tapping the power of innovation to advance and promote the city’s cultural scene.

Dubai innovates for a vibrant, creative economy

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Source: Gulf News

UAE economy to grow 3% this year, to review investments

The economy of the United Arab Emirates is expected to grow 3 percent in 2015, the central bank governor said on Monday, adding the country would reconsider any investments considered unnecessary.

“The government is still continuing with its spending, though they will rationalise any unnecessary investments,” Mubarak Rashid Al Mansouri told reporters on the sidelines of a banking conference in Dubai.

Dubai economy to grow 4 per cent this year as trade and tourism benefit from cheap oilRead more

Source: Arabian Business

Trade between Spain, United Arab Emirates has grown by 73 pct. since 2010

Trade between Spain and the United Arab Emirates has grown by 73 percent over the past five years and relations between the two countries are “magnificent,” Spain’s secretary of state for trade, Jaime Garcia-Legaz, said Sunday.

At a business forum entitled “Spain, a strong partner,” held on Sunday in Dubai, Garcia-Legaz emphasized the “very good (trade) numbers” between the two nations.

Spain exports some 1.5 billion euros (about $1.56 billion) in products to the UAE each year.

Meanwhile, the vice president of the Spanish Confederation of Business Organizations, Jose Vicente Gonzalez, said that trade will not stop increasing, adding that “between 2010 and 2014, bilateral trade grew by more than 73 percent.”

Trade between Spain, United Arab Emirates has grown by 73 pct. since 2010

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Source: Latino Fox News

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